South Dakota Mortgage Licensing
Both South Dakota applications require an Anti-Money Laundering (AML) / Bank Secrecy Act (BSA) Policy and the most recent Independent Review to be uploaded into the NMLS at time of submitting the application.
State | License Name | State Fee | Bond Premium Est. | SOS Fee | MLG Processing Fee | Total |
South Dakota | Mortgage Brokerage License | $500 | $188 | $765 | Call for More Information | $1,453 |
South Dakota | Mortgage Lender License | $750 | $188 | $765 | Call for More Information | $1,703 |
License: Mortgage Brokerage License
- Operating Status: Broker
- Bond Amount: $25,000
- Net Worth: N/A
- Brick & Mortar: No
- Financial Type: Certified
Sample our License Ready program through our interactive United States Map!
License: Mortgage Lender License
- Operating Status: Lender/Broker/Servicer
- Bond Amount: $25,000
- Net Worth: N/A
- Brick & Mortar: No
- Financial Type: Certified
Run our License Calculator to estimate licensing costs with all 50 states!
For more information or to speak to a representative for your state
call us today at 866-576-7726
**Fees & terms are subject to change without notice.**